About RedPill Ico
RedPill is a currency designed to enrich online communities. It can be used for many different purposes. Communities can, for example, use Red Pill to reward their members for everything from meeting certain milestones (e.g., making a certain number of posts on a forum) or to reward them for their loyalty (e.g., awarding members pills for being a member for a year). RedPill can also be used to reward subscribers of a product or service. Furthermore at Red Pill also makes a great tip.
As stated earlier, RedPill built on the Ethereum blockchain which utilizes smart contracts. Smart contracts are small computer programs that carry out computations which are replicated and distributed within the Ethereum blockchain network. Just like the Bitcoin blockchain, the Ethereum is also decentralized. However, the Ethereum protocol is more flexible and adaptable than the Bitcoin protocol. RedPill also functions as payment for products and services just like mainstream fiat currency. Red Pills can also be used for a variety of online payment processes such as tipping as well as on virtual platforms
|Web site Redpill||Linkedin Page Redpil|
|Whitepaper Redpil||NO Telegram Account Redpil|
|Facebook Page Redpil||NO Slack For Redpil|
|Twitter Page Redpil||Github For Redpil|
- Softcap – 1250 ETH $500,000 USD
- Hardcap – 15000 ETH $6,000,000 USD
- Tokens For Sale – 50,000,000 RPIL
- Unsold ICO coins will be burned
- Token Supply – 100,008,760 (Pre-Mined)
- Token Standard – ERC20
- Token Type – POW (Proof of Work)
- Coin Name – Red Pill Coin
- Symbol – RPIL
- Decimal Places – 8
- Address – 0x9e386da8cdfcf8b9e7490e3f2a4589c570cb2b2f
RedPill Coin is an ERC20 Compliant Token. This means that RedPill can been stored and traded on virtually any platform or wallet that supports the ERC20 standard. The purpose of platform is to support creators, empower fans, and also serve as a system of wealth management/growth, for those that choose to invest in it.
The target plan for the initial distribution of RedPill coins begins with an Initial Coin Offering of 100 Million Coins. The total supply of Red Pill coins is 200 Million which means that the ICO will account for 50% of the total supply. In subsequent years, 10 million coins will be made available until the total currency amount is reached. The minimum bidding price for the coin auction will be determined by the current market value of RedPill coins as at the time of the sale. The coins will be listed based on Ethereum upon release, with one eth being equivalent to 5361 Red Pills.
One of the biggest selling points of block chain technology is its logical immutability. This means that transactions once completed and recorded in the block chain cannot be altered or deleted from the ledger. Financial transactions can be carried out in a block chain without the need of a central oversight body providing authentication and authorization. Transactions in the block chain are completely anonymous and as such identities of the participants are completely protected. Being decentralized, block chains do not have a central point of failure. There is no entry point for malicious attacks, and this makes block chains durable and reliable.
With all of this growth and development of the core technology, it is a safe bet to expect the creation of a plethora of crypto currencies. As block chain technology becomes more popular in mainstream use, there will be renewed efforts in creating different crypto currencies by individuals and organizations looking to buy into the market. RedPill is more than just iteration in the ever-expanding crypto currency market. It represents more than just a crypto currency it is a community with a shared philosophy for greater control and autonomy over its finances. It is not just another Alt coin but rather, it is a representation of the freedom to use one’s funds anonymously. All of these core Philosophies are built into the architecture and main features of RedPill, making it a one of a kind crypto currency.
All RedPill transactions are processed, validated, recorded, stored and distributed on the Ethereum blockchain. Red Pill coin users have the freedom to choose from a variety of wallet options available to them to store their coins. These wallets come in both online and cold storage options. Users are also free to store RedPill on the official Ethereum Wallet; Mist. Mist is available on is available for download on GitHub. Cloud provides advanced security for your coins with constant improvements and updates to the framework.
Attacks on the Ethereum wallet will not provide information on the owner since the wallet providers do not store hashes or any identifying information about the owners and creators of the portfolio. The only way to obtain this information is if the owners and creators themselves divulge this information. Thus, RedPill users can safely and securely send and Receive RedPill without fear of being tracked. As a decentralized crypto currency, there is a great emphasis placed on the security and integrity of all transactions. The vision behind Red Pill stems from a community of people with a justified shared distrust for mainstream financial institutions who want greater autonomy and control over their finances.
- Launch RedPill Coin ICO Round 1 October 1st 2017 – October 31st 2017
- Launch the Coin ICO Round 2 December 1st 2017 – December 31st 2017
- February 2018 – Launch the coin Chrome extension that allows Red Pill owners to tip their favorite content creators on (YouTube, with support for twitter, and Instagram planned).
- April 2018 – Launch RedPill Send And Receive Application for Android with IOS version following in Fall 2018.
RedPill will not be es-crowing any of the received funds. Funds will be used to develop RedPill product and services. Funds are released from the crowd sale contract to the team at the end of each ICO round. 50 Million Coins will be kept for the Team, while 20 Million were set aside for Pre-sale buyers. The Remaining coins will be sold yearly at market price.
RedPill coins can be exchanged on various cryptocurrency exchanges. It can also be exchanged for bitcoins which can easily be converted to cash. Thus, it constitutes a safe and secure means of storing wealth. RedPill also functions as payment for products and services just like mainstream fiat currency. It can also be used for a variety of online payment processes such as tipping as well as on virtual platforms. This community is an ever growing one with more people who are determined to exercise greater control over their finances. It is scalable and divisible up to 8 decimal places and with an estimated 200 million total supply over the next 16 years.
Also Read – Click Here For Read All ICO Review
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